NYSE:APODiversified Financial
Apollo Global Management (APO) Is Up 5.1% After Expanding Into B2B Events And Offshore Energy Assets
Apollo-managed funds recently completed the acquisitions of Emerald Holding and Questex, and separately committed US$1.50 billion to Keppel Ltd.’s Keppel Offshore Fund to support offshore energy assets in Southeast Asia.
Together, these moves broaden Apollo’s exposure to B2B events and infrastructure-related energy assets, underpinned by a newly appointed leadership team at the combined Emerald-Questex platform.
We’ll now examine how Apollo’s large commitment to Keppel’s offshore energy fund...